The following data is for questions 4 to 7MI 1ST 10lsuntenPettijohn Inc.The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has nopamortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years,MA AUOTand the notes payable will be rolled over.Balance Sheet (Millions of S)AssetsCash and securitiesAccounts receivableInventoriesTotal current assetsNet plant and equipmentTotal assets and staiLiabilities and Equity level woAccounts payablesuzu ols erojaNotes payableAccrualsTotal current liabilities il of bozore alLong-term bondsTotal debtCommon stockRetained earningsTotal common equityTotal liabilities and equitybeingIncome Statement (Millions of $)Net salesOperating costs except depr'nDepreciationEarnings bef int and taxes (EBIT)Less interestEarnings before taxes (EBT)TaxesNet incomeOther data:Shares outstanding (millions)Common dividendsInt rate on notes payable & L-T bondsFederal plus state income tax rateYear-end stock price2016Ons $ 1,554.0 waliot od to doidw& mol of ovien 9,660.0m vilmonog al il sbitqciq s diw13,440.0$24,654.017,346.0$42,000.0mousseasdial 30%$ 7,980.05,880.04,620.0$12,600.0$42,000.0$18,480.0aslugor a 11.5.2010,920.0d to tuomis odi$29,400.03,360.09,240.0101 als2016$58,800.0$54,978.0$1,029.0$ 2,793.01,050.0$ 1,743.0$ 610.1$1,133.0anodaogio dsvbezib ono..0job of residue175.00$ 509.836.25%35%$77.69gsimybe ono.bdi vtilidail Pasl916har venoMbote ngis10¹1015min d23bola.2.0.5(-hod2.belse A 4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day yearfor this calculation.a. 48.17b. 50.71c. 53.38d. 56.19e. 59.145. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1.1a. 0.90million twob. 1.12c. 1.40d. 1.68e. 2.02a. 4.17b. 4.38c. 4.59d. 5.82e. 5.07todes,82 hoon bad asgp posis6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio?Hint: COGS = the sum of operating costs except depreciation + depreciationoffers a rate of returVir0720828SA,OTers (82SteW SV0202 baa noitsioonCho tad ebnod ibontchopine staisnog turli bas enologovai ot basarsana buxit won yurd of 0212 basqa of besiuper anw milTonuenoy elloW bib wolt diso est donn wohl Istiquo grist00.00 12.002.828,12EA 120,1200.040,9224.121.327. Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio?a. 45.93%b. 51.03%c. 56.70%d. 63.00%e. 70.00%due mot

Name: The following data is for questions 4 to 7MI 1ST 10lsuntenPettijohn I
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Description: The following data is for questions 4 to 7MI 1ST 10lsuntenPettijohn Inc.The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has nopamortization charges, it does not lease any assets, none of its debt must be

Ratio analysis is the study of different financial data points found in the financial reports of an…

Business

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4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1. a. 0.90 million three year b. 1.12 c. 1.40 d. 1.68 e. 2.02 pothe a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 fotonoy elloW bib wolt 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation 082,182 ". Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% 8CA0T2 00.00.12 02.828, 12 00.000,02 24.121.52

4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1. a. 0.90 million three year b. 1.12 c. 1.40 d. 1.68 e. 2.02 pothe a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 fotonoy elloW bib wolt 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation 082,182 ". Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% 8CA0T2 00.00.12 02.828, 12 00.000,02 24.121.52

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 4TP: You are considering two possible companies for investment purposes. The following data is available...

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